HomeMy WebLinkAbout0988 To pIK~ and continuously t~~p on the bui!dir,y~ npw a M~ealta utwlt on s~id land and on all equip.,en1 and p~r~onafly covared by tAii mort9.
ap~, with ~11 p?~miums ~he~ew~ pa~d in futl, fir- iniu~~nc~ ~n tM ww! •?and.~d po?~cy fam, in • sum ~pprored by ~h~ MORIGAGEE, uw) windi~am
intiwanc~ In ~M v~wl ~fandard pol~cy fam, in a ~um ~pp~oved by tM MORTGAGEE, in such compa~y cv companies u tIN MORTGAGEE en~y
d'u~d; and all t'ue and wi~torm iniu~anc~ po~K~es on ~~y ot sad b„~iduqs, •ny inr..•sr rM~.~~ w p.+e ~hereol, in t!K apQ~cp~?~ ~wn ~fa~~aid a
M~xces} ~hereof, shall con~ain ~Ae u~u~l ~~and+rd mw~yapN cla~~ or such o~hH clauw as ~M Ma~p~gN m~y reqv~r~. ma4inp ~h~ lot~ ~nde~ w~d pol}
ciq. ~ach ~nd ev~rY. parabl~ to u~d MORiGAGEE ~ti iti inlereit may ~pp~ar, and ~ach ~nd ~very i~ch poGp ~hall b~ promp~ly ass 9ned ~~+d deNv~red to
~ny hdd by s~id MORTGAGfE ~s furrhe. •ecur~~y ~o sa~d ~+,w~~,Q. deb~, ~nd, no1 les~ Ii»n te~ (10) d+ys in +dvsnc~ oi the ~ipiralion of each policy, 1o d~
livu ro iaid MORiGAGEE a r~newal thcreof, IoqttF~ with • reuipl (o~ th~ p~miwn ot auch rentwalj u+d then ahatl b~ no fire o~ windsiam insuant~
pl~c~d on ~ny of iaid building~. ~ny iNKtst thtrein w p~n therw/, ~nku in tM fwm ~~d with tM loss payabl~ u afaasaid: ~nd in tFK w~M any tum
of mue~y beccmes payable under such policy a pol~ciss said MORTGAGEE ~hall haw ~he opt~oe~ to receive and apply ~he same on account ol the irxlebted-
neu secured h~~eby o~ to pl~mil said MORTGAGORS fo reteive sod us~ it p any parl thereo( for othcr pu~poses, v.iihout ~h_r. b~ wsiving o~ u*,pai?-
~~y any eqvity, lien w ~ight unde~ p by virtw of ~his mortq~y~; ~nd in tM tvcnl ~a~d MORTGAGORS sha~l for ~ny reason fail to keep the sa~d pemisr~ w
ins~red, a fail fo deliva promp~ly any of seid polkies of insu~u~c~ fo sa~d MORTGAGEE, a iail promptly ~o pay tvlly any pte~nium thete(o~ w in ~ny
respect fail to pe~fwm, dncharge, execwe, ettccl, camplete, comply wirh ~nd ab~d~ by tAii tovenany w any part hereof, said MORTG~?GEE may pl~ce and
paY (w ~uch insurance or any part thereof without w~ivinp w, affettinp any optiw~, lien. equity. o~ right unda w by virtue of Ihis Matgage. ~nd tht
full ~movni of each and evs?y such paymen~ shalt be im~nediately dw and p~y~bl~ and shaH b~~~ inte~est from the date thereof until paid a1 the ?ate ol
nine pe~ centum per annum and to~e~her wifh such interest ihall be secured by the liee~ of this mortgaga. ~
To permit, commit w suffa no waste, impairmcnt p detaa~ation of aaid property or any paA thereof.
S. To pay al) and singulu the costs, charges and ezpenses, iocludirg s reasonable atto~ney i fee and cost~ ol abstrads of title, incurred w paid at
any time by said MORTGAGEE, because or in the event of the faiture on the parl of the s~id MORTGAGOR ro duly, promptly s»d fully perform, dixhargat
execvte, effett, tomplets, comply with and ab:de by each end every the itipvlstions, agreemenb, tonditioru, +nd covananq o1 said promiasory note and thii
matgage ~ny or ei~he~. and said costs, charges and expenses, each and every. sMll be immediately due and payable: whe?her or not there be norice da
mand, attempt to colkct or suit pending; and tl~e fup arnouM of each snd every such paymeM shall bea~ interest f~om the dale thereof until p~id af fhe
rare of nine per centum pn annum; and all said costs, charges and expenses inturrad o~ paid, togelher with such interett, thall be setured by ihe lien of thu
mortyage.
6. Tha1 (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or {b) in the evenf any of ss7d s~ms of money
herein referred to be not promptly and fully paid within lhirty (30) days nex~ after the same uverally become due snd payab~e, without demand o~ notice,•
or in the evem each and every the stiputations, agrcements, condifioos and covenants o} sa~d promiuwy note and th~s matgage any or eitl?er are nol
~uly, promptly snd futly perfwmed, d;uharged, executed, effected, tpmp~oted, complied with apd abided by, then in either w any svch eveM the sald aS} ~
gregate wm meniioned i~ said promissory note then ~emaining unpaid, with imerest accrued, and all moneys xcured hereby, thall becoms due and pay-
ebte fwthwith, or thereafter, at the option of sa+d MORTGAGFE, as fully and comple~ely as if all of the wid sums of money were piginally stipuiated
to kx paid on such day, anythir+g in sa:d promis~wy note or in this Mortgage to the contrary notwi~hstanding; and thereupo~ a tF+ereafter sf the opuon of
said MORTGAGEE, without nohce o~ demand, suit af law or in equity, thc~efore or therea(rer begu~, may be p~osecuted as it all moneys secured hereby
had matured pnor to its institution.
7. That in the event that at the beginn~ng of or at any time pending any suit upon this Mwtgage, w to foreclose it, or to refwm it, or to enfwce
paymem of any claims hereunder, sa;d MORTGAGEE shall apply to the Coorl havinq jurisdiction thereo} for the appoiotment pf a Receive~, such Cowt shall
forthw;th appoint a receiver of said mortgaged property all and sirgvlar, intlvd~ng all and aingular ~he income, p~of~ts, iuues and revenues from whatever
source derived, each and every of whKh, it being expressly underatood, is he~eby mortgaged as if spec~fically set forth and destribed in the granting and
habendum dauses ?~ereof, and such Rece+ver sha!! have al! the broad and effective funct~ons and powers in anywise entrusted by a Couit to a Receiver, and
:uch appointment shall be made by such Couit as an admitted eqvity and a matter of abwlute right to said MORTGAGEE, and without reiere~ce to the
edequacy o~ inadequacy of the value of the property mortgaged w to the wtvency or insolvency of said MORiGAGOR or !he defendants, and ~haf such
rems, profits, income, iuues and revenues shall be applied by such Receiver according to the lien or equity of said MORiGAGEE and the practice of such
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8. To dvly, p~omptly and fully perform, discharge, execute, effect, comptete, comply with and abide by ~ach and every the s~ipulations, agreemenq,
condit'pns and covenants in sa~d prcmissory note and this mortgsge ut fath.
9. That in the event the ownership of the mortgaged prcm;ses, er any part theroof, becomes veated in a person other than the MORTGAGOR, the
MORTGAGEE, its successora and assigns, may, wiihout norice to the MORTGAOR, deal with such successor w successor in interesl with reference to this
mortgage and ~he debt hereby setuied in tbe same manne+ as wifh Mortgagw without in any way vitiating w dixharging the Mortgagors' liability Fkrs-
undei or upon the debt hereby secu~ed. tJo sale of the premises hereby mortgaged and no forbearante on the part oi the NIpRTGAGEE w its successon
or au~gns and no extens~on of the time {w the payment of the debr hereby secured given by the AM1ORIGAGEE or i!s iuccessors or assigns, ahsll operate
to release, d~uharge, modify chan9e or affect the wgirwl liabi{ity of the MORTGAGOR herein, either in whole w in part.
10. It is spec~fically agreed that time is of the esunce of this contrad a~d that no waiver oi any obligat~on hereonder or of the obligatan sr
cured hereby shalt at any time thereafter be held to be a waiver of the terms hcreoi w o! the instrument secured herby. -
t 1. In add~tion to Ihe iwego'ng monthly paymenfs of princ'pal and interest requi~ed by tF~e p~om;ssory no!e secured hereby, mortgagor tovenanfs
and agrees to pay to mortgagee vvith each monthly payment an add~rional sum est~mated by rtwrtgagee to be equal to 1 jl2 of the annual cost of the follow-
ing:
A-All real property taxes fevied or assessed agai~st the above described real estate.
B-Premiums on 1i?e and w•;ndstwm insu~ar.ce as herein requ~red to be carried on the improveme~ts situate on the above dasuibed premises.
C-Premiums on such mwtgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on ihe loan secured hereby.
Mortgagee shall lrom time to time ootify mortgagor in writing of the amount due and payable her~ndrr and such sum shall the~eupon be due and
payabte on the due date oF the ne~ct monthly payment and each svccess;ve monrh thereafrer ur.til mortgagee shall notify mortgagw of a change in such
amount. Such sums shall be apptied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance
premiums.
IN WIiNE55 N~HEREOF, the said MOR7GAGOR has hereunto set his hand and s~al tF~e day and year first atoresaid_
Signed, Seated and deliver in the presence of: •
G2 ln , urry, a szn n
9 ~0
aa~~ ,~-,n
s~q
STATE OF FLORIDA ~ Vivian A. Curry, single
couNn oF _ St . L uc ie adul t
Before me personally appea~ed .Ill~ L~ .Curry, Jr. ~ a S1Ift~1Q adUlt and
' 1V 1 ai] A. C RL Z I~ a S 111(II e dt~ Lll L ttis ~r1fl; to me well known and known to me to be
, the individuals desvibed in and who executed the foregoing instrumeM, and atknowledged before me 1F~at they executed the same for fhe purposes
rherein expressed. /lnd-M+r ~e+d- - - - - - - - - - - - - -
wi/~ 4i tb~ sai~ vpon-rxps?afe ~ewd~ pinM~
e~uw~nat~w iy. w~~ Mkew s~paNt~ ~~d-apa~~ fr~ be? 7aic!-Fn~nti; seknewkdged-te bn~ befvre-mt-that ~t~-e~ce~oted-said ~ratnm~ertt frerlrand ~darr
racily~aod ar~hoW~~c caa~puls+ro.~cooctcaint,-aRP~ 4r- Gorr? ' sband.
WITNESS my hand and official seal this ~ y o ~ h A. D. 19 73
C..C/ r -
otary Public in end for the State of FI~ al ls~e
My Commiuion expi~es: ~
Retum To: ~
, . .
First Federal Savings 6 toan Auociation •
Of fort P~erce. ~:'=:1 nit ot F1pKIDA iI ~?fiBE'• l~@ ~ V':
Fort Pierce, Fiorida ( cc ~ ~ p ~
~ EXPIRES IAN. 7, O Y
• . r,~an Bar.l~ers IrKt;r3u; ~ Cpp : ' J 'A!
~
's~• '~'v ~
This Instrument Prepared 6y GAry F. Bllwood fIlEO A~ 11ECpRpE'~ ' %''i.,"~~~''~'_.
First Federal Savings ~ loan Association iT. ZUC1 ~OtINTr f~A. ` ~
ROCER POITRAS ~ ~~r~n
of Fort Pierce , Florida OIERK CIRCUIt COURT ~
~ RECORD YER?fIEO~.~~
Checked By
BOOK212 oAGE 98S ~ 1I IO AH'13 ~ZSUS''I1.
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